Revenue Bonds In Florida
Most municipal bonds are exempt from federal tax and state taxes if bought in the state of issuance.
Revenue bonds in florida. Find everything about florida municipal bonds. Florida development finance corp is a state authorized issuer of industrial revenue bonds. Revenue bonds which are obligations of a governmental unit issued to pay the cost of a self liquidating project or improvements thereof or combination of one or more projects or improvements thereof and payable from the earnings of such project and any other special funds authorized to be pledged as additional security therefor except for bonds issued to finance projects under part ii part iii or part v of chapter 159 or health facilities under part iii of chapter 154. The rates sheet below is only a sample of bonds available.
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Florida development finance corporation assist for profit and not for profit businesses with access to capital for project financing. These muni florida bonds were updated on. Because florida has no income tax residents can buy municipal bonds issued in other states without having to pay tax. Fitch ratings has assigned a aa rating to the following bonds to be issued by the city of jacksonville florida 140 645 000 special revenue and refunding bonds series 2020a 15 905 000 special revenue refunding bonds series 2020b 91 435 000 taxable special revenue refunding bonds series 2020c.
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